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Hi Daniel,

Yes sure I provide a holistic solution until you smoothly transit to your new home (sale of EC, rental, purchase hdb). Has the EC attained the MOP of 5 years? If you are below 55 years old, yes the 15 month wait out period after selling EC applies before you can purchase resale HDB

2) 15 months after your sale completion of EC, you can start to apply HFE. The HFE is required before you can OTP for any resale flat. Adding another 3 months conveyancing time plus 3 months reno and house hunting. You should lease for a period of 2 years.

3) Yes we can try to factor in this extra costs but it also depends on market sentiment and prices, supply demand within the same EC .

I have helped various private property owners to successfully right size to their next property. Happy to chat more at 97432395 

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

SEAA Salesperson Achievement Award 2021 (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)

ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
ERA Top 11th Achiever in June 2020 (Top 1% Company Level)
ERA Top 91th Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15th Achiever in April 2019 (Top 1% Company Level)
ERA Top 86th Achiever in Sept 2019 (Top 2% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
Whatsapp: wa.me/6597432395
Email: Ivanng10@gmail.com
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(Client's Testimonials)
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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

Condo Seller
Mr & Mrs Wee : We would like to share our appreciation and commendation to Ivan for their professionalism and dedication in handling our property transaction. It was a great pleasure to work with him as he was patient throughout the entire process and explained to us and clarified any doubts we had without fail. He was also very prompt in responding to all the queries we had. While we were unsure if we were able to sell off the property in time, Ivan constantly reassured us that it was possible and offered his professional advice. In fact, he managed to secure an offer to sell the property above our expected price while concurrently negotiated the buying price for our next property. Having Ivan as our agent significantly made the entire process seamless and fuss-free. We will definitely recommend Ivan to our family and friends.

EC Seller

Mr. Siah : We have had a positive experience with Ivan throughout the sale of our EC. He is a very responsible and helpful agent. He managed to sell our EC within a month, which exceeded our expectations. He has gone the extra mile to ensure there are interested buyers viewing our flat every weekend, and has provided frequent updates on the progress. On top, he has provided valuable advice in our property planning journey. He is someone who listens to the needs of his clients, but at the same time value add by adding his own perspective and insights to what works the best. We are very grateful to have him through this sale, especially since this was our first time selling our EC Read More

Hi,
1.If your EC is privatised and MOP is over then yes, you have to wait 15months to apply for HFE with HDB and then only can exercise OTP for resale HDB.
2 for the rental part, it can be discussed with the agent, most will agree but it may occur charges but can be discussed mutually to come to an agreement.
3.On paper it may take 3-3.5months but in practice it may take more than that due to their massive backlog.
4. Yes 2 years lease is ideal if you need to go for rental option.

For more discussion & explore other opportunities you may approach me on 94513474 .

Don Sidhu
SRI Read More

Good morning,

Yes you will be subject to 15 months waiting period if you wish to downgrade to a resale HDB and you are below 55 years old.

1. It's definitely okay to engage a representative to represent you in rental transaction.

2. You need to apply for HFE after 15 months waiting period. Only with a valid HFE then you are eligible to commit to a purchase.

3. Legal completion from issuance of OTP to completion might take 3.5 to 4 months if its immediate submission and not granting any extension to sellers.

4. Resale market is all about willing buyer willing seller. As a seller, of course you can choose to mark up and whether any buyer willing to match.

Hope my sharing aids in your property needs. Do contact me if you need any assistance.

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!

Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
Mobile: 9111 51 71 (wa.me/6591115171)
Email: yt.tan91115171@gmail.com

Check out my informative website: www.propertykaki.sg

Do follow me on:

IG: instagram.com/propertykaki
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YouTube: https://bit.ly/Youtube_PropertyKaki Read More

Hi,

Yes, as long as the EC has hit the MOP period, there will be a 15month wait out period unless you are above 55years old.

As long as you have come to an agreement with the seller agent, he will be able to assist with your rental of flat.

The OTP can only be exercised after the 15 month wait out period, and of course you may consider applying for HFE as well.

The quickest transaction will take around 3months to complete, provided that the seller is not requesting for any extension and no delay on the backend paperwork. Factoring in renovation if needed of around 3 months.

This means a rental period of 2 years is ideal to make the process smooth.

As for whether you want to factor in the rental charges into your selling price of your EC, it is all up to you, as that is purely dependent on what you are looking for.

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
 97396040 
landonchew@email.com Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes you could definitely request your agent to find the next housing for you too.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Daniel,

You will be unable to enter into any Option To Purchase until your EC is sold and you have fulfilled the 15 months wait out period. You can engage an agent to assist you with your rental during this transition. You can enter into OTP once you have fulfilled the 15 months wait out period and done the necessary HFE and Intent To Buy (subject to prevailing requirements when you are ready.) Read More

Hi Daniel,

Please allow me to address your concerns.

1. Yes it is possible to engage your agent to help you to source for a suitable rental flat. The agent would be able to give you an overview of the rental process and highlight the issues that you will need to look out for.

2. After the 15 months wait out period, you will then be able to apply for the HDB Flat Eligibility Letter (HFE). The application takes about 1 to 2 months. Once you have the HFE, then you will be able to get a OTP.

3. The purchase process takes about 3 to 3.5 months and you will need to buffer some time for renovation as well. I have assisted a few of my clients who are in the same situation as yourself and I usually recommend them to rent for 2 years to be safe.

Please feel free to contact me so that I can understand your situation better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 96 44 48 54
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

SEAA Salespersons Achievement Platinum Award 2020/2022/2023

WhatsApp: https://wa.me/qr/X6VRPGSSIHN5D1

Visit my website to get to know me better:
www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

Testimonial from Satisfied Clients

“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically, he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations. We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick provides a delightful customer experience from day one when I engage him Read More

Hi,
If your EC MOP (Minimum Occupation Period) has been fulfilled, you have the option to sell and then wait for 15 months before being eligible to purchase a resale HDB.

However, if you are aged 55 or above and are purchasing a 4-room HDB flat or smaller, you are exempt from the 15-month waiting period.

Having assisted numerous clients in seamlessly transitioning from selling their EC to purchasing a resale HDB, I am confident in my ability to add significant value to your property journey.

This platform does not allow me to contact you directly so kindly contact me at
https://wa.me/6597261112 I would be glad to assist you further
Thank you and best regards,
Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

Testimonial from Satisfied Clients
-- My husband and I wish to commend the sincere attitude and good customer service rendered by
your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several
agents but none as genuine as Jenny. Being a seller agent, she took our interest at heart in handling
the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole
dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a
trustworthy, honest, sincere and hardworking agent. We are happy with her service and would
gladly recommend her to our friends in future. Jenny is an asset to Propnex and the organisation
should value her. Thank you Jenny for her efforts--
Mr and Mrs Soo (HDB seller)

--Jenny is very committed and responsive to her clients and she has spent hours updating them and
looking out for great deals and even tailor-made property proposal geared towards their needs. Will
certainly refer her to others and will definitely approach her again in her future--
Nick and Kim (New launch buyer)

--Jenny did a great job helping my wife and I sell our unit. She took active steps to walk our
neighbourhood to understand what she was marketing. During the marketing period, she managed
potential buyers and provided timely updates and recommendations so we could stay on top of the
process. Overall, Jenny was professional and helped us to achieve a positive result which we are very
thankful for--
Aaron ( HDB seller)

--Jenny was very passionate and went the extra miles to help. Thanks to her professional advice and
recommendations, I had finally found my dream home--
Yvonne (New launch buyer)

--Appreciate Jenny's clear and prompt communication style with us and other stakeholders. She was
also patient and client-centered throughout the process of finding a home that met our criteria. As a
first-time home buyer, we appreciate how she went out of her way to explain the process and
answer questions we had--
Samantha (Resale condo buyer) Read More

you're right about the 15-month waiting period for buying a resale HDB flat after selling your EC. Here's a breakdown of your questions:

1. Rental Flat Assistance:

While you can't add a clause forcing your selling agent to find you a rental flat, a good agent will likely assist you in your search:
They might have connections with landlords or property managers.
They can guide you on areas and rental rates.
You can discuss your need for a rental flat upfront and ask if they can help with the search.
2. OTP for Resale HDB:

After completing the sale of your Executive Condominium (EC), you can apply for HDB Loan Eligibility (HFE) after 15 months.
HFE is necessary before you can exercise the Option to Purchase (OTP) for any resale flat.

3. Resale HDB Purchase Timeline:

The completion process for a resale HDB flat typically takes 3-4 months after exercising the OTP, assuming no complications arise during valuation or CPF approval.
4. Renting for 2 Years:

There's a chance you might find a resale HDB flat within 15 months, minimizing your rental period.
However, estimating 2 years for renting is a reasonable buffer considering the waiting period.
Additional Tips:

Plan your finances carefully. Factor in potential rental costs when determining the selling price of your EC.
IF you Need Further Help--->> like : Renting / Selling / Buying or Investing Read More

you're right about the 15-month waiting period for buying a resale HDB flat after selling your EC. Here's a breakdown of your questions:

1. Rental Flat Assistance:

While you can't add a clause forcing your selling agent to find you a rental flat, a good agent will likely assist you in your search:
They might have connections with landlords or property managers.
They can guide you on areas and rental rates.
You can discuss your need for a rental flat upfront and ask if they can help with the search.
2. OTP for Resale HDB:

After completing the sale of your Executive Condominium (EC), you can apply for HDB Loan Eligibility (HFE) after 15 months.
HFE is necessary before you can exercise the Option to Purchase (OTP) for any resale flat.

3. Resale HDB Purchase Timeline:

The completion process for a resale HDB flat typically takes 3-4 months after exercising the OTP, assuming no complications arise during valuation or CPF approval.
4. Renting for 2 Years:

There's a chance you might find a resale HDB flat within 15 months, minimizing your rental period.
However, estimating 2 years for renting is a reasonable buffer considering the waiting period.
Additional Tips:

Plan your finances carefully. Factor in potential rental costs when determining the selling price of your EC.
IF you Need Further Help--->> like : Renting / Selling / Buying or Investing Read More

Hi,

Yes, you can only apply for your HFE after you have fulfilled the 15-month wait-out period. HFE application approval takes about 1-2 months, and you will need to have a valid HFE before you can commit to a OTP to purchase a resale HDB flat.

The estimate completion of HDB purchase is about 3-4 months. Add in the renovation timeline of 3-4 months. Hence, you're right about having to rent for the next 2 years.

I will be able to assist you in this matter. In fact, I aim to find a Buyer for you who can rent back the unit to you for the next 2 years, so that you can also save the hassle of having to shift house more than once during this transition.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

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